Mercantile (Ordinary Share) MRC

UK Growth

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Estimated NAV

1945.00

Share Price

N/A

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Mercantile (Ordinary Share) Price 32.15%
Mercantile (Ordinary Share) NAV 33.24%
FTSE 250 ex Inv Trusts 29.29%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 1685.0 -13.4% 1945.00 1953.00
22 Sep
111% 2.55%

Discrete performance % over

Fund / BenchmarkOct '13
Sep '14
Oct '14
Sep '15
Oct '15
Sep '16
Mercantile (Ordinary Share) Price7.0520.012.87
Mercantile (Ordinary Share) NAV9.3616.974.16
FTSE 250 ex Inv Trusts6.4711.209.21

Discrete performance over

Discrete Performance

Top 10 Holdings

Domino Pizza UK & Ireland 3.36%
Micro Focus 3.12%
D S Smith PLC 2.52%
IG Group Holdings 2.40%
Just Eat 2.40%
Inchcape Plc 2.28%
Segro PLC 2.28%
Auto Trader 2.28%
Smurfit Kappa Group PLC 2.16%
Halma 2.16%

Sectors weighting

General Industrials 24.30%
Consumer Services 23.40%
Finance - General 19.70%
Net Current Assets 16.60%
Consumer Goods 6.60%
Technology 5.30%
Materials 1.90%
Oil & Gas 1.20%
Healthcare 1.00%

Regional weighting

UK 87.00%
Cash/Cash Equivalent 14.00%
  • Investment trust info:

  • Sector UK Growth
  • Launch Date 08 Dec 1884
  • Currency GBX
  • Domicile UK
  • Share Price N/A
  • Share Type Ordinary Share
  • TIDM MRC
  • ISIN GB0005794036
  • Shares Issued (M) 93
  • Market Capital (£M) 1561.51
  • Gross Assets (£M) 1979.97
  • Net Assets (£M) 1802.44
  • TER (%) 0.50
  • Historic Dividend Yield (%) 2.55
  • Last AGM 25 May 2016
  • Next AGM 25 May 2017
  • Last Annual Report Date 22 Jun 2016
  • Next due Report Date 31 Jul 2016
  • Next due Report Type I/R
  • Objective:

  • To achieve long-term capital growth from a UK portfolio of medium and smaller companies with dividend at least in line with UK inflation.
  • Management Group(s):

  • J.P. Morgan Fleming Asset
  • JP Morgan Asset Management (UK) Ltd
  • JPMorgan Asset Management (UK) Ltd
  • JPMorgan Funds Limited
  • Managed by:

  • Anthony Lynch Start: 31 Dec 2009
  • Guy Anderson Start: 01 Aug 2012
  • Martin Hudson Start: 01 Jan 1994
  • Timothy Lewis Start: 30 Dec 2014
  • Management Contract & Fees:

    Management agreement with JPMorgan Funds Limited terminable on 6 months' notice. The management fee is paid monthly in arrears and is equal to 0.5% per annum of the Company's market capitalisation, excluding funds managed or advised by JPMorgan Asset Management or any of its associate companies.